According to the Da Nang City Statistics Office, the gross regional domestic product (GRDP) in the second quarter of 2024 is estimated to increase by 8.35% over the same period in 2023. Of which, the added value (VA) of the agriculture, forestry and fishery sector increased by 0.27%; the industry - construction sector increased by 3.99%; the service sector increased by a remarkable 9.86%.
With an increase of 8.35% in the second quarter of 2024, Da Nang's GRDP growth rate ranked 16th out of 63 provinces and centrally run cities.
Recently, investment activities in the city have been quite vibrant, with a series of projects being implemented by businesses. According to the latest data released by the Department of Planning and Investment of Da Nang City, in the first 8 months of 2024, Da Nang attracted more than 30.1 million USD in FDI capital, an increase of 6.9% over the same period in 2023.
In addition, investment policies have been granted for projects outside industrial parks, high-tech parks, and information technology parks, with a total investment capital of VND24,406 billion. Meanwhile, in industrial parks, high-tech parks, and information technology parks, the total newly granted and adjusted investment capital has attracted VND1,487 billion.
These newly attracted projects have increased the number of FDI projects in Da Nang City to 1,012 projects, with a total investment capital of nearly 4.35 billion USD. Meanwhile, there are 379 domestic investment projects outside the industrial park (total investment capital of 221,305 billion VND) and 400 domestic projects in the industrial park (investment capital of 34,819 billion VND)...
According to the Da Nang City Statistics Office, the import-export situation in Da Nang in the first 8 months of 2024 is showing positive changes. The city continues to make efforts to implement many solutions to support businesses to boost exports, contributing to promoting local economic growth.
It is estimated that in August 2024, the total two-way import and export turnover of goods will reach 280.0 million USD, up 0.5% over the previous month and down 2.2% over the same period in 2023.
Of which, exports are estimated at 170.0 million USD, up 1.0% over the previous month and up 0.3% over the same period in 2023; imports are estimated at 110.0 million USD, down 0.2% over the previous month and down 5.9% over the same period last year.
In the first 8 months of 2024, the total import and export turnover of goods is estimated at 2,148.2 million USD, up 9.3% over the same period in 2023. Of which, goods export is estimated at 1,269.5 million USD, up 3.0%; goods import is estimated at 878.7 million USD, up 20.0%. The trade balance of goods in the first 8 months of 2024 continues to maintain a trade surplus of nearly 390.9 million USD.
